BUZZ-Draftkings rises after BMO hikes price target

Reuters

1 hour ago

BUZZ-Draftkings rises after BMO hikes price target

** Shares of digital sports gaming company Draftkings DKNG.O rise 3% to $24.56 after BMO Capital Markets analysts hiked their price target

** DKNG is on track for its biggest daily percentage gain and highest close since mid-February

** "DKNG announced plans to integrate its products (Sportsbook, iGaming, Predictions, etc.) into one 'Super App', which should help accelerate cross-sell and lower (customer acquisition cost)," said BMO analyst Brian Pitz in an investor note

** Analyst also said that prediction markets could be a $10 billion gross revenue opportunity over time and come with 60%-80% gross margins vs ~50% gross margins in Sportsbook

** Among 38 analysts covering DKNG, avg rating is "BUY" and median PT is $35, per LSEG data

** DKNG is down 28.1% YTD vs NASDAQ Composite Index's .IXIC 2.9% decrease

(Reporting by Chibuike Oguh in New York)

((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2616375527"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2616375527\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2616375527?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-04 03:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2616375527","market":"nz","top_or_hot":-1,"title":"BUZZ-Draftkings rises after BMO hikes price target","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Draftkings rises after BMO hikes price target</title></head><body><p>** Shares of digital sports gaming company Draftkings <span>DKNG.O</span> rise 3% to $24.56 after BMO Capital Markets analysts hiked their price target </p><p>** DKNG is on track for its biggest daily percentage gain and highest close since mid-February </p><p>** \"DKNG announced plans to integrate its products (Sportsbook, iGaming, Predictions, etc.) into one 'Super App', which should help accelerate cross-sell and lower (customer acquisition cost),\" said BMO analyst Brian Pitz in an investor note</p><p>** Analyst also said that prediction markets could be a $10 billion gross revenue opportunity over time and come with 60%-80% gross margins vs ~50% gross margins in Sportsbook </p><p>** Among 38 analysts covering DKNG, avg rating is \"BUY\" and median PT is $35, per LSEG data</p><p>** DKNG is down 28.1% YTD vs NASDAQ Composite Index's <span>.IXIC</span> 2.9% decrease</p><p> (Reporting by Chibuike Oguh in New York)</p><p> ((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Draftkings rises after BMO hikes price target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Draftkings rises after BMO hikes price target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-04 03:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Draftkings rises after BMO hikes price target</title></head><body><p>** Shares of digital sports gaming company Draftkings <span>DKNG.O</span> rise 3% to $24.56 after BMO Capital Markets analysts hiked their price target </p><p>** DKNG is on track for its biggest daily percentage gain and highest close since mid-February </p><p>** \"DKNG announced plans to integrate its products (Sportsbook, iGaming, Predictions, etc.) into one 'Super App', which should help accelerate cross-sell and lower (customer acquisition cost),\" said BMO analyst Brian Pitz in an investor note</p><p>** Analyst also said that prediction markets could be a $10 billion gross revenue opportunity over time and come with 60%-80% gross margins vs ~50% gross margins in Sportsbook </p><p>** Among 38 analysts covering DKNG, avg rating is \"BUY\" and median PT is $35, per LSEG data</p><p>** DKNG is down 28.1% YTD vs NASDAQ Composite Index's <span>.IXIC</span> 2.9% decrease</p><p> (Reporting by Chibuike Oguh in New York)</p><p> ((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DRAY","symbol_name":"YieldMax DKNG Option Income Strategy ETF","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260303:nL6N3ZR1DF:1","article_id":"2616375527","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2616375527","pubTimestamp":1772564681,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Draftkings rises after BMO hikes price target** Shares of digital sports gaming company Draftkings DKNG.O rise 3% to $24.56 after BMO Capital Markets analysts hiked their price target ** DKNG is ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DRAY":"YieldMax DKNG Option Income Strategy ETF","DKNG":"DraftKings Inc.","BK4588":"碎股","BK4150":"赌场与赌博","LU0240878834.USD":"SCHRODER ISF GLOBAL SMALL COMPANIES \"A\" (USD) INC AV","BK4585":"ETF&股票定投概念","DKNX":"2倍做多DKNG ETF-Defiance","LU0240877869.USD":"SCHRODER ISF GLOBAL SMALL COMPANIES \"A\" ACC","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4565":"NFT概念","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","DKUP":"2倍做多DKNG ETF-T-REX","LU1861558580.USD":"日兴方舟颠覆性创新基金B"},"translate_title":"BMO上调目标价后BUZZ-Draftkings股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DKUP":0.6,"DRAY":0.6,"DKNG":0.9,"DKNX":0.6},"content_text":"BUZZ-Draftkings rises after BMO hikes price target** Shares of digital sports gaming company Draftkings DKNG.O rise 3% to $24.56 after BMO Capital Markets analysts hiked their price target ** DKNG is on track for its biggest daily percentage gain and highest close since mid-February ** \"DKNG announced plans to integrate its products (Sportsbook, iGaming, Predictions, etc.) into one 'Super App', which should help accelerate cross-sell and lower (customer acquisition cost),\" said BMO analyst Brian Pitz in an investor note** Analyst also said that prediction markets could be a $10 billion gross revenue opportunity over time and come with 60%-80% gross margins vs ~50% gross margins in Sportsbook ** Among 38 analysts covering DKNG, avg rating is \"BUY\" and median PT is $35, per LSEG data** DKNG is down 28.1% YTD vs NASDAQ Composite Index's .IXIC 2.9% decrease (Reporting by Chibuike Oguh in New York) ((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}